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Pfizer: US orders 100 million doses of coronavirus vaccine

(CercleFinance.com) - The US government has placed an order of 100 million doses of Pfizer's coronavirus-vaccine project for 1.
95 billion dollars and could acquire up to 500 million additional doses, the drugmaker said on Wednesday.

The move comes as the US Department of Health and Human Services and the Department of Defense are trying to meet the White House's goal to begin delivering 300 million doses of a Covid-19 vaccine as soon as 2021.

Under the agreement, the US government will receive doses of the vaccine candidate jointly developed by Pfizer and Germany's BioNTech only after Pfizer successfully manufactures and obtains an approval for emergency use from the FDA.

The shares opened 4% higher on the New York Stock Exchange on Wednesday.

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